A pair of shoes worn by Michael Jordan sold at auction for more than half a million dollars this ... [+] week. Despite beating the previous record for most expensive shoes sold at auction (another pair of Jordan’s game sneakers, which sold for $560,000 in May), the $615,000 was still below estimates of how much the shoes would fetch, with Christie’s estimating between $650,000 and $850,000. The shoes were part of a special online auction for Jordan memorabilia Christie’s put on with Stadium Goods that earned $931,875, according to a Christie’s statement. He still holds the title of having the NBA’s highest scoring average nearly 20 years after his retirement with 30.1 points a game, according to the league. Further readingMichael Jordan Sneakers from 1985 Exhibition Game Sell for Record-Setting $615K (Bleacher Report)Michael Jordan's game-worn sneakers set new record, selling for $615,000 (CNN)

Source: Forbes August 14, 2020 19:32 UTC